Leverage is a fundamental feature of the profitxbt trading platform, and it can be a powerful tool for traders. It allows you to capitalize on relatively small price movements, enhance the size of your portfolio, and accelerate your capital growth.
Leverage functions by using a deposit called margin to provide you with increased market exposure. Essentially, you're only required to invest a fraction of the full trade value, while profitxbt covers the rest. Our product range enables traders to access major cryptocurrencies like Bitcoin and Ethereum, among others, without tying up significant capital.
profitxbt is an advanced, award-winning margin trading platform that offers a wide range of Bitcoin-based CFDs with added leverage. It supports both long and short positions on stock indices, commodities, forex, and cryptocurrencies.
Our product offerings empower traders to access a wide variety of trading instruments and create a diversified trading portfolio without the need for substantial capital.
For instance, you want to buy 10 Bitcoins at a price of $10,000 each.
To initiate such a trade on a traditional exchange, you would be required to pay 10 x $10,000 for a total position of $100,000, excluding any commissions or fees. If the price of Bitcoin increases by 5%, your 10 Bitcoins are now worth $10,500 each.
If you choose to sell, you'd have made a profit of $5,000 on your initial $100,000 investment.
In this scenario, you would only need to pay 1% of your $100,000 position, which amounts to $1,000, to open such a trade. If the price of Bitcoin rises by 5%, you would still make the same $5,000 profit, but at a significantly reduced cost.
This means that profits can be greatly amplified.
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